URL: https://wokingham.moderngov.co.uk/ieDecisionDetails.aspx?ID=1453

Decision Maker: Executive

Outcome:

Is Key Decision?: Yes

Is Callable In?: No

Purpose: To report the revenue outturn position of the Council for 2024/25 financial year, highlighting the effective management of the Council’s finances to ensure value for money for council tax payers, housing tenants and schools.

Content: RESOLVED that the Executive: 1)     noted the outturn position of the revenue budget and the level of balances in respect of the General Fund, Housing Revenue Account and Dedicated Schools Grant.   2)     agreed the General Fund carry forward requests of £0.75m as set out in Appendix B to the report and   3)     noted the general fund balance as at 31 March 2025 is c£11.1m, this balance remains in line with the reasonable level of balances set out in the general fund reserves policy statement as part of the Medium Term Financial Plan.

Date of Decision: June 19, 2025